NEAR Protocol Price Prediction 2023-2030

Near Protocol Latest Price

Metric	Last 24 Hours	Trend
Net Social Media Sentiment	18.2%	Lower

NEAR Defi

Rank: NEAR: 36th, ETH: 1st
Last 7 days change: NEAR: +2.7%, ETH: +7.4%
Last 1-month change: NEAR: +13.7%, ETH: -9.0%
TVL: NEAR: $35.6M, ETH: $21.2B

Near Protocol Price Performance So Far

Year to Date (2023): -9.0%
Last 12 Months: -70.5%
Since Launch (2020): -32.6%

Latest Near Protocol News

The NEAR Foundation is teaming up with SK Inc. C&C, a global IT industry leader, to support the expansion of Web3 businesses. This collaboration brings together two dedicated teams focused on helping companies find the right Web3 tools to fuel their growth. NEAR Foundation and SK Inc. C&C will jointly conduct research, assist partners in their respective ecosystems, and collaborate on marketing efforts to boost awareness.
Mantle has introduced an ecosystem gateway on the NEAR Blockchain Operating System. This gateway is integrated into the well-known Mantle dApp FusionX and is the result of a collaborative effort with the NEAR community. It streamlines the accessibility to Mantle applications and brings together key components of prominent dApps such as Mantle Bridge, Agni, Ammos, iZiSwap, FusionX, Gamma, Lendle, and soon Pendle, offering users a unified platform for these services.
Weekly Updates:
- Circle has launched one of the world’s largest stable coins, $USDC on Near.
- Users can now experience the full power of Flipside data on the NEAR BOS.
- Cosmose AI has launched KAIKAINOW powered by Near Protocol.
- Metrics of the last week:
  - Active Accounts: 1.58M+
  - Transactions: 9.49M+
  - TVL: $68.9M+

Near Protocol Price Prediction 2023: Is Near Protocol A Good Investment?

The NEAR Protocol is a decentralized, sharded, proof-of-stake blockchain platform that enables developers to build decentralized applications (dApps). Developers can build and deploy smart contracts and dApps using familiar programming languages like Rust, AssemblyScript, and TypeScript. It also features an SDK (Software Development Kit) that allows developers to easily create, test, and deploy smart contracts and dApps on the platform.

NEAR Protocol addresses the key problems faced by current platforms and their developers by prioritizing usability, both for end-users and developers. NEAR uses Web Assembly (WASM), which can be compiled from popular languages, and supports contracts written in AssemblyScript. NEAR also supports developer monetization by natively rewarding them with rebates based on the usage of open components.

The platform supports projects and DAOs, offering venture support, building a strong technical base, creating regional hubs, and providing Web3 career opportunities. There are currently 750 active projects and 125 DAOs on the platform. NEAR’s ecosystem offers financial support, advice, and networking to projects to help them become thriving businesses. The ecosystem provides several funding options, such as ecosystem grants, accelerators and incubators, community-led DAOs, and venture capital.

Key features

NEAR offers a developer-friendly environment with a range of tools, libraries, and frameworks.
It supports multiple programming languages and provides a familiar development experience for building decentralized applications (dApps).
NEAR aims to enhance user adoption by providing user-friendly wallets that simplify the onboarding process.
The Protocol implements a fee model called “gas,” where users pay for transaction execution and storage.
NEAR incorporates a governance mechanism that enables token holders to participate in the decision-making process.
NEAR fosters a vibrant ecosystem by supporting developer grants, hackathons, and community initiatives.
It aims to encourage innovation and attract talented developers to build on top of the protocol, fostering the growth of the NEAR ecosystem.

Benefits of Near Protocol

Near Protocol is designed to be scalable, enabling it to support a large number of transactions per second (TPS) and handle the needs of high-performance dApps.
Its fee structure is designed to keep transaction costs low, making it affordable for users to interact with dApps on the platform.
Near Protocol provides a user-friendly development environment with support for various programming languages and tools.
The platform is built with interoperability in mind, allowing it to integrate with other blockchain networks and traditional systems.
Its architecture is designed to ensure high security and protect user data, and it utilizes advanced cryptography to protect against malicious attacks.
Near Protocol is designed to be more energy-efficient than other blockchain platforms, making it a more environmentally sustainable option for users and developers.

NEAR is the native token of the Near platform and has a maximum supply of 1,000,000,000 NEAR tokens. The following are the primary use cases of NEAR tokens:

Users can pay transaction fees on the Near platform using the NEAR crypto.
NEAR tokens are used as collateral for storing data on the network.
NEAR tokens can be staked to earn rewards.
NEAR token holders can participate in the governance of the platform.

Overall, while NEAR appears to be more developer-friendly and perhaps more efficient, it does not have a huge competitive advantage when compared to other blockchain platforms. This makes NEAR a poor case for Investment so far.

Can NEAR Protocol reach $1000, $100?

Near Protocol Price Predictions

Near Protocol Price Prediction Today, Tomorrow and Week

UTC: Sep 22nd, 2023 06:34 AM

Near Protocol Price Prediction in the next 24 hours is between $1.11 and $1.13
Near Protocol Price Prediction this week is between $1.08 and $1.16

UTC: Sep 22nd, 2023 01:08 AM

Overall Outlook	Partially Bearish

1. Market's Wisdom	Partially Bearish
1a. Market Data	Partially Bearish
1b. Technical Recommendation	Neutral

2. Crowd's Wisdom	Neutral
2a. Social Media Buzz	Higher
2b. Social Media Sentiment	Lower